AMP Capital Global Property Securities Fund

How the Fund works

The Global Property Securities Fund provides access to listed property investment opportunities from around the developed world through a single fund. The fund aims to generate medium to high returns over the long term by investing in global listed property securities, Real Estate Investment Trusts (REITs) and property securities companies in North America, Europe, Asia and Australia. AMP Capital Australia is the international investment manager of the fund.

How does the Fund meet your needs?

  • Global diversification

    The fund invests in a global portfolio of listed property securities listed on stock exchanges in North America, Europe, Asia and Australia. It also focuses on property securities whose primary source of revenue is rental income. This means you have access to a broad range of property regions, sectors and securities which provide the potential for income and capital growth.

  • Access to global investment opportunities

    The fund provides access to a range of property companies and sectors not available in the New Zealand listed property market. This provides you with further diversification and access to property investment opportunities that may otherwise be difficult for you to obtain.

  • Local specialists understand regional dynamics

    You will benefit from the property securities skills of our investment specialists on the ground in Sydney, Hong Kong, London and Chicago, who provide insights into local trends and changing market conditions.

  • Currency risks managed through hedging

    Movements in the foreign exchange rate have an impact on offshore investments. To help manage this risk, the Fund is fully hedged to the New Zealand dollar.

Fund facts as at 31 December 2018

Product code AIF GP
Type of fund Managed Fund. This fund is a Portfolio Investment Entity (PIE)
Performance objective To provide a Gross Return above the FTSE EPRA/NAREIT Developed Total Return Index with net dividends reinvested (fully hedged to the New Zealand dollar on a net after tax basis based on the current maximum Prescribed Investor Rate) on a rolling three year basis.
Investment approach Invests in a diversified portfolio of global property securities and real estate investment trusts listed on global share markets.
Net fund size $191.4 million
Product inception date 30 September 2007
Minimum suggested timeframe Long term (minimum five years)
Benchmark FTSE EPRA/NAREIT Developed Total Return Index
Platform access Direct with AMP Capital, Aegis, FNZ

Risk Indicator

Risk indicators

Unit Prices

As at 19 Feb 2019
Buy
1.65051
Sell
1.64227

Performance

As at 31 Jan 2019
1 Month 10.96%
3 Month 7.51%
1 Year 7.28%
3 Year 7.28%
5 Year 10.50%
Past performance is not a reliable indicator of future performance.

Important note: The unit prices displayed in this section are indicative only

Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices. During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. For more information on how AMP Capital can help you, please speak to your Financial Adviser or call us on 0800 400 499.

Important notes: Past Performance

Past performance is not a reliable indicator of future performance.

Our fund performance figures are shown before tax, before fees and assume that income is reinvested. Neither AMP Capital Investors (New Zealand) Limited nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return. Past performance is not a reliable indicator of future performance. Every effort has been made to ensure the accuracy of this information, however, AMP Capital (New Zealand) Limited nor any other company in the AMP Group gives any warranty of reliability, or accuracy, nor accepts any responsibility arising in any way from errors or omissions.

 

Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Property, Infrastructure and Commodities Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Meridian Building, Level 1, Queens Wharf, Wellington.

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